Time bunching is:
A) the cost of shifting workers from declining sectors of the economy to the growing sectors.
B) the allocation of consumption,work,and leisure across time to maximize well-being.
C) the tendency for economic activities to be coordinated at common points in time.
D) a reduction in the value of collateral.

Question

Quizplus · Accepted Answer

Time bunching refers to the phenomenon of economic activities being coordinated at common points in time. For example, rush hour traffic is an example of time bunching as many people choose to commute to work around the same time. Businesses may also schedule meetings or events during typical work hours, leading to further time bunching. This can have implications for traffic congestion, labor market efficiency, and other economic factors.

Time Bunching Is